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Stock impact report

ACRES COMMERCIAL REALTY CORP. REPORTS RESULTS FOR FOURTH QUARTER 2023 AND YEAR ENDED DECEMBER 31, 2023 [Yahoo! Finance]

ACRES Commercial Realty Corp. (ACR) 
Company Research Source: Yahoo! Finance
that is primarily focused on originating, holding and managing commercial real estate mortgage loans and equity investments in commercial real estate property through direct ownership and joint ventures, today reported results for the quarter and year ended December 31, 2023 . ACR's GAAP net income allocable to common shares was $1.7 million , or per share-diluted, for the quarter ended December 31, 2023 Mark Fogel , ACRES Commercial Realty Corp. President & CEO, said: "The ACRES team continues to focus on maintaining the credit quality of the investments in our portfolio. Ensuring and improving shareholder value remain our primary objectives." ACR issued a full, detailed presentation of its results for the quarter ended December 31, 2023 that can be viewed at www.acresreit.com Earnings Call Details ACR will host a live conference call on February 29, 2024 at 10:00 a.m. Eastern Time to discuss its fourth quarter 2023 operating results. The conference call can be accessed by di Show less Read more
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